Palm AI Info
The $PALM token was created on the Ethereum network. It supports the development of the bot, helps keep it the most updated LLM on Telegram and provides a liquid asset to trade.
TrustNet Score
The TrustNet Score evaluates crypto projects based on audit results, security, KYC verification, and social media presence. This score offers a quick, transparent view of a project's credibility, helping users make informed decisions in the Web3 space.
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Summary and Final Words
No crucial issues found
The contract does not contain issues of high or medium criticality. This means that no known vulnerabilities were found in the source code.
Contract owner cannot mint
It is not possible to mint new tokens.
Contract owner cannot blacklist addresses.
It is not possible to lock user funds by blacklisting addresses.
Contract owner cannot set high fees
The fees, if applicable, can be a maximum of 25% or lower. The contract can therefore not be locked. Please take a look in the comment section for more details.
Contract cannot be locked
Owner cannot lock any user funds.
Token cannot be burned
There is no burning within the contract without any allowances
Ownership is renounced
The contract does not include owner functions that allow post-deployment modifications.
Scope of Work
This audit encompasses the evaluation of the files listed below, each verified with a SHA-1 Hash. The team referenced above has provided the necessary files for assessment.
The auditing process consists of the following systematic steps:
- Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
- Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
- Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
- Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
- Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
- Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
- Actionable Recommendations: Provide detailed, specific, and actionable steps to secure and optimize the smart contracts.
A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash may indicate a changed condition or potential vulnerability that was not within the scope of this review.
Final Words
The following provides a concise summary of the audit report, accompanied by insightful comments from the auditor. This overview captures the key findings and observations, offering valuable context and clarity.
Ownership Privileges:
- The owner can enable/disable trading.
- The owner can blacklist/un-blacklist wallets from transferring tokens.
- The owner can set any arbitrary value in the fee on buy and sell.
- The owner can set any arbitrary value in the minimum swap amounts.
- The owner can enable/disable swapping.
- The owner can set any arbitrary value in the max transactions and wallet amount.
- The owner can exclude multiple addresses from fees.
The ownership of the token is renounced, which means the owner will not be able to modify or change the state of the contract. The development address and marketing address can manually swap and send the contract balance to the marketing wallet address.
Note - This Audit report consists of a security analysis of the Palm AI Token smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited one token contract for the Palm AI team. Our team did not audit other contracts associated with the project. We recommend investors do their own research before investing.
Files and details
Functions
public
/
State variables
public
/
Total lines
of code
/
Capabilities
Hover on items
/
Findings and Audit result
low Issues | 2 findings
Pending
#1 low Issue
Local variables shadowing (shadowing-local)
Rename the local variables that shadow another component.
Pending
#2 low Issue
Missing Events Arithmetic (events-maths)
Emit an event for critical parameter changes.
optimization Issues | 2 findings
Pending
#1 optimization Issue
State variables that could be declared constant (constable-states)
Add the `constant` attributes to state variables that never change.
Pending
#2 optimization Issue
Public function that could be declared external (external-function)
Use the `external` attribute for functions never called from the contract.
informational Issues | 1 findings
Pending
#1 informational Issue
Unused state variables (unused-state)
Remove unused state variables.